Daily Archives: May 4, 2017

The Subprime 2.0 story is now gaining traction in the financial media. By way of brief review, here is the template for Subprime 1.0 (the mortgage meltdown). 1)   Banks, hungry for profits, began issuing mortgages to sub-prime borrowers (people who … Continue reading

Posted on by The Phoenix | Comments Off on The Fuse on the Subprime 2.0 Debt Bomb is About to Ignite